Posts Tagged ‘Compal Electronics’

Hon Hai Precision Industry Company, Ltd., parent company of original device manufacturer Foxconn, reported huge revenue growth of nearly 50% for the month of January, Taiwan Economic News reports. The manufacturing giant enjoyed performance that beat forecasts last month, with revenue ballooning 47.9% year-on-year to NT$274.6 billion, or approximately $9.1 billion USD. Revenue was down 13.3% sequentially after a big December capped off a hot holiday quarter, but the seasonal decline was expected and well below the average 20% fall off Hon Hai typically sees between December and January. Hon Hai’s nearest competitor Quanta Computer saw revenue grow 2% to NT$78.3 billion in January, and rival¬†Compal Electronics reported a dip of 22% to¬†NT$43.7 billion in January.

Fearing the notebook market will not bounce back during the fourth quarter, Intel’s Ultrabook partners Acer, ASUS, Lenovo and Toshiba will initially ship fewer than 50,000 units of the new thin and light notebooks DigiTimes reported on Tuesday. Intel, which will invest $300 million in Ultrabooks during the next three to four years, will also hold a conference on September 14th in an effort to attract new partners to the platform. The new notebooks are manufactured by Quanta Computer and Compal Electronics, and are expected to ship in September for launches in October. Sources speaking to DigiTimes also suggested that the notebook market may not bounce back enough for Intel to achieve its goal of owning 40% of the notebook market with its Ultrabook devices.